Dollar/Yen is trading around 130.37 after ending the previous session at zero (up 0%) .
Trading week at a glance - USD/JPY is up to 130.37, after closing yesterday at zero. Overall, a 0% move or 13,036 pips this week. (Start trading Dollar/Yen at FXTM today).
Nevertheless, United States Pending Home Sales beat analyst expectations of -0.9% and the previous reading of -2.6% with new data of 2.5%.
At the same time, Japan Industrial Production released yesterday at 23:50 UTC is better than expected at -0.1% but down from preceding data of 0.2% according to new data. Japan Retail Sales came out at 3.8%, better than analyst estimates of 3% and improving upon the previous reading of 2.5%. Japan Jobs/applications ratio (Dec) released yesterday at 23:30 UTC with a figure of 1.35, while the previous figure was 1.35. Japan CFTC JPY speculative net positions released Friday with a figure of -21,600, while the previous figure was -23,000.
The market is looking forward to the release of new data: Japan Household Spending (YoY) (Dec) will be released Monday. Japan Household Spending (MoM) (Dec) scheduled to come out Monday. Japan Services PMI is expected Friday.